The Office of the Comptroller of the Currency (OCC) has issued an interim final rule with request for comments (final rule) that makes technical and conforming amendments to its regulations governing ...
Basel III aims to stabilize global banking, reduce risk, and impact financial markets, ensuring a more resilient economic ...
WASHINGTON, D.C. - On a rooftop overlooking Gallaudet University in Washington, D.C., Julian Torres stands next to row after row of solar panels his company, Scale Microgrids, helped install as part ...
Large US banks might increase share buybacks in 2H as final Basel III Endgame capital rules may be released in August, according to Bloomberg News. The final rule should be less onerous than the ...
"Small-business owners like me are alarmed at the prospect of Basel III capping our nation's creative and entrepreneurial wellspring," writes the founder and CEO of Ethel's Baking Co. For many ...
Some U.S. officials are seeking to finalize a reworked rule that would require banks to hold more capital as soon as August, according to a media report. In July, the three big U.S. banking regulators ...
A new phase is taking shape in Azerbaijan’s banking sector. The Central Bank’s decision to grant local banks a transition period to align their capital with Basel III standards signals a shift toward ...
Federal Reserve vice chair for supervision Michael Barr said the central bank is taking “a very thoughtful approach” to the Basel III rules (aka the Basel endgame), which would significantly increase ...
The banks got their way again. Global regulators announced on Sunday that they're relaxing the new Basel III rules, which had been much maligned worldwide by banks during the past two years.
In recent months bank lobbyists and bank executives from SIFMA President Kenneth E. Bentsen Jr. to JPMorgan Chase CEO Jamie Dimon have written op-eds and delivered congressional testimony criticizing ...
By Tommy Reggiori Wilkes, Phoebe Seers and Pete Schroeder LONDON/WASHINGTON, Jan 6 (Reuters) - Seventeen years on from the global financial crisis, regulators are cutting red tape for their banks in a ...
The proposed Basel III endgame rules, while largely in line with expectations, still means that a group of banks with assets between $100B-$700B will be subject to stricter capital rules than they ...